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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 500.2 $ 509.6
Cost of goods sold (344.5) (361.8)
Gross profit 155.7 147.8
Operating expenses:    
Selling, general and administrative (92.7) (96.2)
Research and development (11.8) (10.6)
Adjustment to fair value of contingent consideration (0.8) 0.0
Profit on disposal of property, plant and equipment 0.1 0.0
Total operating expenses (105.2) (106.8)
Operating income 50.5 41.0
Other income, net 2.7 3.7
Interest income, net 2.1 0.3
Income before income tax expense 55.3 45.0
Income tax expense (13.9) (11.8)
Net income $ 41.4 $ 33.2
Earnings per share:    
Basic $ 1.66 $ 1.34
Diluted $ 1.65 $ 1.33
Weighted average shares outstanding (in thousands):    
Basic 24,893 24,801
Diluted 25,066 24,962